Ifile Tax & Financial Services help businesses thrive in an industry notorious for high turnover, intense competition, tight controls and high costs. Our firm works with restaurant chains, clubs, hotels, motels, resorts, franchise groups, property management and senior housing companies, counseling them on all aspects of their businesses and serving as trusted advisors. Our sole focus is to work in tandem with our accountants to help our clients drive profits.
The hospitality industry is highly competitive and cyclical in nature. You need the right accounting and tax advisor to make the most of your investment and opportunity. Because we strive to be your trusted advisor, we expand our focus beyond your every day needs. We assist our hospitality clients in growing their portfolios with help in financing arrangements, acquisitions, deal structure, cash flow forecasting and government incentives.
Our services for the hospitality industry include:
- Internal auditing/on-site reviews
- Cost segregation
- Operational and profitability reviews
- Sales and use tax
- Property tax
- Tip reporting and other payroll issues
- Cash flow forecasting
- Financing assistance
- Mergers and acquisitions
- Estate and succession planning
Our depth of knowledge and breadth of experience in taxation as well as the real estate industry in general allows us to provide innovative alternatives and ideas to our clients, giving you the resources you need to make the right decisions, when you need to make them.
The competitive environment for professional service firms is constantly evolving. The price pressure, demand for talent and increased competition has created a state of flux for firms in the industry.
Ifile Tax & Financial Services professionals have years of experience serving law firms, engineering firms, architectural firms and insurance firms. Our professionals spend time staying current on trends and issues affecting the industry. We are professionals serving professionals, and our clients benefit from our firsthand understanding of the unique issues facing the industry. We work with clients to manage profitability and risk in a volatile market and to help them understand the ever-changing tax regulations and their impact on tax planning strategies.
Our accountants have experience with specific profitability and compensation questions related to professional services firms and are always looking ahead to help them make the most effective financial choices. We are able to increase operating efficiency and improve cost containment strategies for our clients through developing financial controls, management reporting and operational policy reviews. Our team helps educate our clients by offering in-house trainings on how to interpret and make decisions based on financial metrics.
At Ifile Tax & Financial Services, we are proud to offer a wide range of specific services to the real estate owners, developers and investors. We are dedicated to staying ahead of the curve to help you navigate a volatile market. Our professionals have gained years of experience in providing tax and advisory services including acquisitions, development, disposition, and investment management of properties. Our professionals work closely with each client, offering a customized approach that addresses their distinctive situation. We are problem solvers who understand the core issues facing their business and will work with them to achieve a practical solution.
Our real estate clients tell us that they appreciate our ability to focus on their distinctive circumstances, acknowledging that a one-size-fits-all approach is simply no longer effective or efficient in today's sophisticated and constantly evolving real estate industry. We look forward to applying the rigorous approach to overcome your challenges and help you take full advantage of emerging opportunities. Whether we offer technical services, introductions to key influencers or cutting edge resources and information, Ifile Tax & Financial Services. is the firm of choice for middle market, family-owned business leaders and entrepreneurs in the real estate marketplace.